Ponzi Schemer Arthur Nadel Sentenced to 14 Years

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“Arthur, you are an evil person,” an investor told the septuagenarian money manager, who attempted to flee the country after his $168 million fraud was discovered, at the sentencing in New York today. “I assume you are a narcissistic psychopath,” he went on “just a weak child seething with anger and loathing” who had “little success in life until you founded your fraudulent funds.” And not much success after that, apparently. [NYT]